Ethereum / TetherUSShort
Using 1D S/R for short term trades
Currently at a relatively strong support for ETH/USDT, due to the LL and LH's a short term move down is likely. We're only trying to scalp a few pips here as the crypto market as a whole seems to be coiling for a giant move but it is not yet clear in which direction.
NB: if the resistance is broken by a daily candle a long to the higher support becomes the play
NB: if the resistance is broken by a daily candle a long to the higher support becomes the play
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.